23 Jun Hyliion’s Public Entrance Into Electric Truck Space Catches Investor Attention
Move over Tesla and Nikola: there is another electric semi-truck joining the race.
Just weeks after Nikola debuted on the Nasdaq, with a quick spike that put it on the same level as Ford Motor Company, attention is now turning to another electric newcomer to the public markets, Hyliion.
The company builds electric powertrains that can be retrofitted onto existing fleets of trucks and founder and CEO Thomas Healy thinks now is the time to take his company public.
“We’re at a point where we’re moving into commercialization. We already started deploying products to fleets across the U.S.,” Healy said. “We’ve got to go figure out manufacturing, really being able to scale things up.”